Upwork Launches New AI Innovations and Solutions for Easier Hiring and Working
Upwork announced a new set of tools and partnerships designed to transform how companies and freelancers hire and work. This announcement was made during the first edition of Upwork Updates: Spring...
View ArticleDepartment of Labor Raises Overtime Pay Threshold to $58,000 Annually
The Department of Labor’s Wage and Hour Division announced a new rule that raises the minimum salary needed to be exempt from overtime pay for certain workers. Previously, workers earning less than...
View ArticleGet a $50,000 Grant for a Commercial Vehicle
Are you a small business owner struggling to get the funds you need to grow your business? Progressive Insurance and Hello Alice are here to help! They’re offering a grant program that can give you...
View ArticleOpenAI Unveils GPT-4o
OpenAI announced the release of GPT-4o, the latest and most advanced AI model designed to process text, audio, and images in real time. This new AI model represents a leap forward in technology,...
View ArticleIRS Announces Stable Interest Rates for Q3 2024
The Internal Revenue Service (IRS) has announced that interest rates will remain unchanged for the calendar quarter starting July 1, 2024. This decision impacts both individual taxpayers and...
View ArticleEcommerce Spending Grows but Consumers Trade Down to Cheaper Goods
Adobe has released its online shopping data for the first four months of 2024, showing a resilient ecommerce landscape despite economic challenges. According to Adobe Analytics, which analyzes over one...
View ArticleDeadline of SBA Drought Loans Approaching for Hawaii, Montana, and North Dakota
Francisco Sánchez Jr., associate administrator for the Office of Disaster Recovery and Resilience at the Small Business Administration (SBA), has issued a reminder for small nonfarm businesses in...
View ArticleIRS Warns Taxpayers of Potential Scams Resulting in Inflated Refund Claims
The Internal Revenue Service (IRS) has issued a consumer alert regarding tax scams and inaccurate social media advice that led many taxpayers to file inflated refund claims this past tax season. The...
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eBay Delivers a New Way to Encourage Resale of Products
eBay has unveiled a new ‘resell on eBay’ feature designed to make it easier for users to list their clothing for resale with just a few clicks. This innovation supports eBay’s commitment to promoting...
View ArticleKabbage Inc. Settles Allegations of PPP Fraud
Kabbage Inc., now operating as KServicing, has agreed to settle allegations that it defrauded the Paycheck Protection Program (PPP). The company, currently in bankruptcy proceedings, will resolve...
View ArticleSmall Businesses Take Legal Action Against FTC Ban on Noncompete Agreements
The National Federation of Independent Business (NFIB) has filed an amicus brief in the case of Ryan, LLC v. Federal Trade Commission (FTC) at the U.S. District Court for the Northern District of...
View ArticleHigher Refining Costs Could Increase Summer Gasoline Prices
Average monthly prices for regular-grade retail gasoline in the United States could rise by more than 10 cents per gallon if refinery output falls short of expectations. This is according to an...
View ArticleInflation Continues to Hinder Small Business Operations
The National Federation of Independent Business (NFIB) has released its Small Business Optimism Index for April 2024. The report reveals slight improvements but highlights ongoing challenges due to...
View ArticleProspective Homebuyers Feel Renting May Harm Their Financial Future
A new Bank of America Homebuyer Insights Report (HBIR) reveals that 70% of prospective homebuyers feel renting may harm their financial future. Renters fear they are missing out on long-term...
View ArticleSmall Businesses Support Bill to End Beneficial Ownership
The National Federation of Independent Business (NFIB) has endorsed new legislation introduced by Senator Tommy Tuberville (AL) and Representative Warren Davidson (OH-8). This legislation seeks to...
View ArticleOregon Nonprofits Urged to Apply for SBA Disaster Loans Before June 12 Deadline
The Small Business Administration (SBA) has reminded Oregon private nonprofit organizations about the upcoming deadline to apply for federal disaster loans. These loans are intended to assist with...
View ArticleChase Survey Reveals Small Business Owners are Optimistic About Future Growth
Chase for Business has released its latest survey findings, showing that small business owners remain optimistic about future growth and are increasingly willing to invest in digital solutions....
View ArticleIRS Reminds Taxpayers of Home Energy Credits
The Internal Revenue Service (IRS) reminds taxpayers that making energy-efficient updates to their homes can qualify them for home energy credits. Expanded by the Inflation Reduction Act of 2022, these...
View ArticleOhio Man Sentenced for Tampering with Diesel Truck Emissions Controls
Davis Owens, from Hamilton County, Ohio, has been sentenced to prison for his involvement in disabling emissions control systems on diesel trucks in violation of the Clean Air Act. Owens, 34, from...
View ArticleSquare Reveals Trends in Restaurant Payroll, Happy Hours, and Drink Preferences
Square’s latest Quarterly Restaurant Report sheds light on evolving dining trends, consumer spending, and restaurant wages. With patio season approaching, these insights offer valuable information for...
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